You wouldn't pay your employee's three years wages up front, so why do this when purchasing equipment.

Why not let the equipment pay for itself as you use it. This way, in theory, the equipment will not cost you anything!

Finance

More and more customers are using finance companies to purchase equipment, and with very good reason. Even companies who clearly have sufficient funds to make the purchase outright are choosing not to. Here's why.

With interest rates so low, finance has never been so cheap. For example you can now purchase equipment worth £15,000 from just £10.79/day. More importantly cash flow is the bloodline of any business. If you do not have cash you can not trade, so why tie money up unnecessarily. Finance not only allows you put your money to better use but also allows you to pay for the equipment after it earns you the money.

But the icing on the cake is that lease purchasing is 100% tax deductible. Gordon Brown will kindly pay 19% of the payments for you.